Stage 1

Accounting 2

Assumed Knowledge

Theory and practical work covered in Accounting1. A ‘C’ grade or better in Accounting 1 is assumed.

Prerequisites

Enrolled in Stage 1 Accounting 1/S.

Focus Capabilities

Communication, Learning, Work.

Related Subject

Subject Description

Students must have satisfactorily completed Stage 1 Accounting 1 as this course builds on the theory and practical work covered during the first semester. Students are given the opportunity to further develop an understanding of the successful management of financial affairs in business and gain knowledge and skills related to accounting processes for organisational and business applications. Students also learn how to interpret financial information and how to convey this information to interested users.

Topics studied may include: The Environment of Accounting, Keeping Cash Records, Financial Reports, Analysis and Interpretation of Financial Reports.

Course Fees

Nil.

Additional Costs

Nil.

Assessment Type 1:

Skills & Application Tasks: Theory tests, practical exercises.

Assessment Type 2:

Investigations: Assignments and Oral presentations.

Assessment Type 3:

N/A

Assessment Type 4:

N/A